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Hong Kong bourse reopens derivatives market, says website was hacked

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Hong Kong bourse reopens derivatives market, says website was hacked

Hong Kong Exchanges & Clearing Ltd. reopened its derivatives market on Sept. 6 and admitted that its website was hacked while the market remain suspended.

The stock exchange operator said it has not received reports on connectivity issues on the trading system from exchange participants. It added that the software issues in the trading system that caused the market outrage have now been isolated.

Meanwhile, HKEx CEO Charles Li Xiaojia said the stock exchange's website was hacked while the derivatives market was halted, the South China Morning Post reported Sept. 6.

The website was subjected to a distributed denial-of-service attack, which slowed down the website and disrupted its ability to display exchange prices and financial data. Li said HKEx will continue to safeguard and improve the information and technical infrastructure at the exchange.